Bank Sinopac Announces Change in Internal Audit Executive for Subsidiary in China

Bank Sinopac Holdings announced a change in the internal audit executive for its subsidiary, Bank Sinopac (China) Ltd.

1. Position: Internal Audit Executive 2. Date of change: May 22, 115 (Republic of China Calendar) 3. Former incumbent: Chen Chiu-Ya, Head of Internal Audit, Bank Sinopac (China) Ltd. 4. New appointee: Wang Po-Kai, Senior Auditor at Bank Sinopac; holds a Master's degree in Information Technology from the University of North Carolina at Charlotte. 5. Nature of change: Job adjustment 6. Reason: Job adjustment 7. Effective date: Pending approval by the board of directors of Bank Sinopac (China) Ltd. and the local regulatory authorities.

Other matters: The new internal audit head will assume office after approval by the local regulatory authorities, at which time Chen Chiu-Ya will be relieved of her duties.